TechnipFMC (FTI)

• Market cap: $12.4B
• 1 day: -4.43%
• 5 days: -3.70%
• 1 month: -10.51%
• 3 months: -2.96%
• 6 months: 12.00%
• Year to date: -1.49%
• 1 year: 43.71%
• 5 years: 71.86%
• 10 years: -28.59%
• Sector: Industrials
• Industry: Oil & Gas Field Machinery & Equipment

About: TechnipFMC is the largest pure-play offshore oilfield service provider, offering integrated deep-water offshore oil and gas development solutions that span the full spectrum of subsea equipment and subsea engineering and construction services. The company also provides various surface equipment used with onshore oil and gas wells. TechnipFMC originated with the 2017 merger of predecessor companies Technip and FMC Technologies.

Employees: 22,762

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

228% more first-time investments, than exits

New positions opened: 105 | Existing positions closed: 32

122% more call options, than puts

Call options by funds: $65.4M | Put options by funds: $29.4M

50% more funds holding in top 10

Funds holding in top 10: 10 [Q3] → 15 (+5) [Q4]

15% more funds holding

Funds holding: 415 [Q3] → 476 (+61) [Q4]

5% more capital invested

Capital invested by funds: $11.3B [Q3] → $11.8B (+$580M) [Q4]

1% more repeat investments, than reductions

Existing positions increased: 167 | Existing positions reduced: 165

4.09% less ownership

Funds ownership: 100.2% [Q3] → 96.11% (-4.09%) [Q4]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $37 27% upside
• Avg. target: $39 34% upside
• High target: $42 44% upside

4 analyst ratings

• positive: 4 100%
• neutral: 0 0%
• negative: 0 0%

Evercore ISI Group Stephen Richardson 53% 1-year accuracy 9 / 17 met price target	34% upside $39	Outperform Maintained	15 Jan 2025
Barclays David Anderson 45% 1-year accuracy 36 / 80 met price target	44% upside $42	Overweight Maintained	18 Dec 2024
Goldman Sachs Ati Modak 67% 1-year accuracy 2 / 3 met price target	30% upside $38	Buy Initiated	13 Dec 2024
TD Cowen Marc Bianchi 55% 1-year accuracy 18 / 33 met price target	27% upside $37	Buy Reiterated	27 Nov 2024